Reed

Oil & Gas Property in Sterling County, TX

Property Summary

Key data points for Reed

CountySterling County, TX
Production DatesJan 2014 - Oct 2025
Total Oil Production109,388 BBLs
Total Gas Production506,196 MCF
Recent Oil Production107 BBLs in Sep 2025
Recent Gas Production379 MCF in Sep 2025
Wells on Property8

Our Valuation Estimates for Reed

ShaleAssessment

$19,587 *

MarketMultiple

$44,183 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed
from Jan 2014 to Oct 2025

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-431-31035REED, M.C. 1HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.882859-101.036913
42-431-31045REED, M.C. 1AHEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.882964-101.036032
42-431-31066REED, M.C. 2HEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.897627-101.036323
42-431-31087REED, M. C. 3HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.908513-101.040227
42-431-31093REED, J. C. 1MARATHON OIL COMPANYDry HoleSterling County, TX31.865557-101.059650
42-431-31297REED 5 1QUANAH PETROLEUM INC.Permitted LocationSterling County, TX31.913957-101.089044
42-431-31968REED 11 1KEYSTONE ENERGY OIL & GAS, INC.Dry HoleSterling County, TX31.897820-101.038035
42-431-33379REED 14 1001HTREK RESOURCES, INC.ProducingSterling County, TX31.886648-101.048618

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-27279REED, M. C.KEYSTONE ENERGY OIL & GAS, INC.Sterling County, TX
08-27291REED, M. C.BAKER OPERATING, INC.Sterling County, TX
08-45026REED 14ENDURING RESOURCES, LLCSterling County, TX
08-45108REED 14TREK RESOURCES, INC.Sterling County, TX

Nearby Properties

These are the closest 10 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaldwellSterling County, TX14 BBLs1,342 MCFOct 2025
Cole RanchesSterling County, TX340 BBLs2,752 MCFOct 2025
DorseySterling County, TX73 BBLs604 MCFOct 2025
GunterSterling County, TX114 BBLs3,530 MCFOct 2025
H&H RanchSterling County, TX855 BBLs8,351 MCFSep 2025
MargaretSterling County, TX35 BBLs1,603 MCFOct 2025
McEntireSterling County, TX22 BBLs1,138 MCFOct 2025
StromanSterling County, TX981 BBLs9,087 MCFOct 2025
Virginia City ColeSterling County, TX435 BBLs7,956 MCFOct 2025
WilkinsonSterling County, TX45 BBLs3,955 MCFOct 2025

Frac'ing activity on Reed

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-431-33379Reed 14 #1001H

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DUNN JUDY WALLACE FAMILY TRUSTREED 14 #1001HENDURING RESOURCES
2025TREK RESOURCES INCREED 14 #1001HENDURING RESOURCES
2025FULGHUM KELLY REEDREED 14 #1001HENDURING RESOURCES
2025FULGHUM KELLY REED GST TRUSTREED 14 #1001HENDURING RESOURCES
2025REED THOMAS CREED 14 #1001HENDURING RESOURCES
2025REED THOMAS C GST TRUSTREED 14 #1001HENDURING RESOURCES

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45108REED 14Apr 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Sep 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jun 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jun 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14May 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14May 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.